Hello guys,
(1) INVERTED HEADS AND SHOULDER
If you are to look closely on this charts you are to see the formation of heads and shoulder chart pattern indicating a reversal in price
(2) CREATION OF A LOWER HIGH
This Also indicate a change in direction
(3)PRICE IS ALSO BELOW THE ICHIMOKU CLOUD
I didn't not apply the ichimoku cloud to this analysis cause it makes it look confusing and hard to read to other user's. But if you are to apply it to yours you would see that price is indeed below ichimoku, indicating a safe point of entry.....
(1) INVERTED HEADS AND SHOULDER
If you are to look closely on this charts you are to see the formation of heads and shoulder chart pattern indicating a reversal in price
(2) CREATION OF A LOWER HIGH
This Also indicate a change in direction
(3)PRICE IS ALSO BELOW THE ICHIMOKU CLOUD
I didn't not apply the ichimoku cloud to this analysis cause it makes it look confusing and hard to read to other user's. But if you are to apply it to yours you would see that price is indeed below ichimoku, indicating a safe point of entry.....
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.